Blockchain lawyer Teresa Goody Guillén is reportedly being considered to become the next Chair of the SEC, as revealed by CoinDesk sources. Guillén has declined to comment on the rumors.
Ethereum-compatible Layer 1 blockchain Monad is reportedly beginning its testnet rollout, following the recent launch of its devnet—a developer testing phase.
Blockchain-based and stablecoin-focused payments platform BVNK aims for a new funding round. According to Bloomberg, the startup, which is backed by Tiger Global Management, is in talks with potential buyers to raise at least $50M.
Ethereum Layer 2 solution Linea developed by Consensys is heading towards decentralization. At Devcon 2024, the company announced the Linea Association to oversee the blockchain’s development and governance along with the launch of the LINEA token.
The developers at Zerion have rolled out the mainnet for their L2 blockchain, ZERO, enabling wallet users to issue, trade, and transfer tokens without gas fees, powered by zero-knowledge proof (ZK) technology.
Alameda Research, now bankrupt, has filed a legal suit seeking over $90 million from Alexander Ivanov, the founder of the Waves blockchain.
The Avalanche Foundation has finalized the acquisition of 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG). LFG initially acquired these tokens to support the Terra blockchain ecosystem during its active period.
A team of experienced developers, including co-founders of Lido Finance, is planning to introduce a blockchain-based identity platform called Y.
On November 17, the Dutch blockchain firm Quantoz Payments officially launched two new stablecoins, USDQ and EURQ, pegged to the US dollar and euro, respectively.
BlackRock, the largest investment firm in the world, has expanded its BUIDL RWA fund to five new blockchains, including Aptos, Arbitrum, Avalanche, OP Mainnet, and Polygon. Until now, BUIDL was exclusively available on Ethereum.
Crypto data analytics platform Dune announced the acquisition of smlXL, another blockchain data provider.
UBS, the prominent Swiss bank, has revealed a successful pilot project for UBS Digital Cash, a blockchain-powered multicurrency payment solution aimed at improving cross-border transactions.
Defunct crypto exchange Mt. Gox transferred over 32,000 Bitcoins valued at around $2.2 billion to unknown wallets, data from blockchain analysis platform Arkham Intelligence shows.
